MUSCAT/ Reuters Oman’s government released a 2017 budget plan on Sunday that projected a smaller deficit but included fresh austerity steps and tight curbs on spending because of low oil prices, which are hurting state revenues. Government spending this year is projected to total 11.7 billion rials ($30.4 billion) and revenues 8.7 billion rials, which would result in ...

  Reuters Turkmenistan stopped gas exports to Iran on Sunday in a long-running dispute over arrears, Iran’s state gas company said, days after Tehran said the issue had been temporarily resolved. “Türkmengaz suddenly and … in an illogical manner, contradictory to the agreement, halted gas deliveries to Iran this morning, demanding quick payment of the disputed amount,” the National Iranian ...

  Doha / Reuters Qatari construction firm Investment Holding Group (IHG) will launch an initial public offer of its shares next week in a boost for the country’s stock market, which has seen only two new listings since 2010. The contracting and trading business will offer 49.8 million shares, or 60 percent of its capital, at a price of 10.1 ...